Entitled Land Mixed-Use
For Sale
Contact for pricing
Pending
430 SW 47th Terrace, Cape Coral, FL 33914
Approved plans for mixed-use workforce housing and commercial space.
Property Size8,300 SF
Days on Market784
Property Features for 430 SW 47th Terrace
General Information
Standard status
Pending
Size
8,300 SF
Property subtype
Land
Investment Type
Sale/Leaseback
Building Details
Stories
4
Listing Agency:
Coast Life Companies
(616) 638-9795
Listed By:
Kyle Doyon · License #BK3586353
Source:
Crexi
Added: Jul 7, 2024
Changed: Aug 26
Last Checked: Aug 17 at 2:25PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coast Life Companies
Investment Insights
Based on property information with market context.
This entitled land features approved plans for a mixed-use development with workforce housing and commercial space. The property is zoned CP, which allows for a range of uses. The development includes 39 workforce housing units and 8,300 square feet of commercial space, creating a live-work environment. The workforce housing units are designed with modern, efficient layouts. The commercial space is positioned to accommodate various business uses under CP zoning, providing flexibility and income potential through long-term leases. Located in the South Cape Coral area, the parcel offers access to public transportation, major highways, schools, parks, restaurants, and healthcare facilities. The property is deed-restricted under the Live Local Bill, requiring 40% of the units to be rented to individuals earning less than 120% of the Area Median Income (AMI). As of April 2024, the AMI in Cape Coral is $88,800. This property is suited for developers or entrepreneurs looking to capitalize on the demand for affordable housing and commercial opportunities. The commercial space provides opportunities for long-term leases and revenue streams.
Key Highlights
- Entitled land with approved plans for mixed‑use development: 39 workforce housing units and 8,300 sq. ft. of commercial space.
- Located in the high‑demand South Cape Coral area with convenient access to amenities, transportation, and major highways.
- Strong income potential from both residential rentals and commercial leases.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
392
Businesses Nearby
Explore this area
Business Placement
Demographics for 33914, FL
42,222
Population
22,936
Households
1.8
Avg Household Size
52
Median Age
28%
College-Educated
95%
High-School Grad
22.4 sq mi
ZIP Area
1,885
Density / Sq Mi
$75,557
Median Household Income
$41,672
Median Earnings
$1,714
Median Rent
$408,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Approved plans for mixed-use workforce housing and commercial space.
Where is this commercial land located?
The property is located at 430 SW 47th Terrace Cape Coral, FL.
What is the asking price?
The asking price for this property is $9,950,000.
What are key features of this property?
This property features: Entitled land with approved plans for mixed‑use development: **39 workforce housing units and 8,300 sq. ft. of commercial space.**; Located in the high‑demand South Cape Coral area with convenient access to amenities, transportation, and major highways.; Strong income potential from both residential rentals and commercial leases.
